Bajaj Finance Gold Loan or Bajaj Finserv as it is popularly known as in the Indian Financial Market is renowned for providing loan facilities at low-interest rates thereby attracting and generating interest among a large section of the middle-income population. Through their structured credit mechanism, they also offer the facility of credit cards with limits ranging from 1lac to 10lac depending upon the consumption capacity and the optimum purchasing ability and power of the interested borrower.
Through years of operating in the public service department and catering to the needs of the consumers, Bajaj Finance Gold Loans has been able to build a position of repute in the market as one of the biggest lenders in the private commercial banking sector attending to the needs of a variety of account holders and benefactors of the banking service.
Bajaj Finance Gold Loans have a distinct set of features that separates it from the other lending institutions in the private commercial banking sector. The two big benefits that it offers are the Part Payment facility and the World Class Safety Protocol and Regulations that it follows. Through the part payment option, the interested borrowers can return the loan amount directly to the bank not in a lump sum but through the facility of easy installments where the amount of loan is divided categorically into installment amounts quarterly and yearly.
The interest rate charged for the provisioning of the gold loan amount is also included in the installments taken every quarter. Along with that Bajaj Finance Gold Loan also offers the option of world-class safety protocols whereby if a single item of your jewelry or ornaments is lost it is the responsibility of the bank to compensate you for the same.
Therefore, Bajaj Finance Gold Loans have emerged as one of the brightest loan prospects in the country at present.